Sunwoda
Native name | 欣旺达电子股份有限公司 |
|---|---|
Company type | Public |
| SZSE: 300207 | |
| Industry | Lithium-ion battery |
| Founded | 1997; 29 years ago (1997) |
| Founders | Wang Mingwang Wang Wei |
| Headquarters | , China |
Area served | Worldwide |
| Website | sunwoda |
Sunwoda Electronic Co., Ltd., or simply Sunwoda (Chinese: 欣旺达; pinyin: xīn wàng dá) is a Chinese technology company that specializes in the research and manufacture of lithium-ion battery modules.[1] [2] It is based in Shenzhen, China. It is one of the largest EV battery suppliers of China.[3] [4]
History
[edit ]Sunwoda Electronic was founded in 1997 by Wang Mingwang and Wang Wei.[5] [6]
In 2008, Sunwoda expanded into the EV battery business.[7]
In 2011, Sunwoda went public and was listed on the ChiNext exchange in Shenzhen.[8]
Since 2022, Sunwoda has been listed in Benchmark's Tier 1 of Automotive-grade Battery Producers.[9]
In August 2023, Sunwoda announced that it was constructing an EV battery plant in Nyiregyhaza, northeast Hungary.[10] [11] [12]
In early 2025, LG Energy Solution won three patent infringement injunctions against Sunwoda.[13]
Operations
[edit ]Sunwoda is headquartered in Shenzhen and operates production bases in China, Hungary, India, Morocco, Thailand, and Vietnam.[8] [14]
Products
[edit ]Sunwoda produces lithium-ion batteries for mobile phones, laptops, and power tools.[5] [2] Sunwoda's EV battery unit supplies products to automakers such as Dongfeng Motor Group, Geely, Volkswagen, Volvo Cars, and Li Auto.[7] [15] [16]
Sunwoda Electric Vehicle Battery
[edit ]Sunwoda Electronic Co., Ltd launched the battery business in 2008.[7] [17]
In 2020, Sunwoda received regulatory approval for convertible bond issue.[18] In 2022, Sunwoda's EV battery unit received a 1ドル.17 billion Series A investment from Shenzhen Capital Group and National Green Development Fund Management.[19] In November 2022, Sunwoda Electronic raised 440ドル million through a global depository receipt sale and was listed on the Swiss Stock Exchange.[7] [14]
Recognition
[edit ]- 2024 Fortune China 500 ranked 332nd[20]
- 2023 Fortune China 500 ranked 291st[21]
- 2022 Fortune China 500 ranked 332nd[22]
- 2021 Fortune China 500 ranked 344th[23]
- 2020 Hurun China 500[24]
- 2022 Hurun China 500[25]
References
[edit ]- ^ "Sunwoda to make solid batteries cheaper". China Daily .
- ^ a b "Sunwoda profile" . Bloomberg .
- ^ "6 Chinese companies rank among world's top 10 battery suppliers for EVs, plug-in hybrids, hybrids in 2022" . Automotive News .
- ^ "Sunwoda, China's sixth-largest EV battery maker, a step closer to IPO" . South China Morning Post . October 19, 2023.
- ^ a b "Sunwoda Electronic | Company Overview & News". Forbes .
- ^ "Wang Mingwang". Forbes .
- ^ a b c d "Sunwoda Electric Vehicle Battery Seeking 580ドル Million Round Before China IPO, Sources Say" . February 22, 2023 – via Bloomberg.
- ^ a b "Sunwoda Seeks EV Battery Unit Funding at 3ドル Billion Value" . Bloomberg .
- ^ "Northvolt & Sunwoda reach Benchmark Tier One status for EV lithium ion battery output". Benchmark Source. June 17, 2022.
- ^ "Sunwoda Electronic to build EV battery plant in Hungary" . Automotive News .
- ^ "China's Sunwoda to build battery plant in Hungary". Xinhua News Agency .
- ^ "China's Sunwoda to build battery plant in Hungary". People's Daily .
- ^ "LG Energy Solution wins another injunction against China's Sunwoda - The Korea Times". www.koreatimes.co.kr. 2025年07月24日. Retrieved 2026年04月06日.
- ^ a b "Sunwoda Said to Tap Goldman, UBS for 500ドル Million Swiss Listing" . Bloomberg .
- ^ "Sunwoda EV Battery Is Said to Weigh IPO Switch to Hong Kong" . Bloomberg .
- ^ "Sunwoda Electronic to supply batteries to VW's hybrid vehicles" . Automotive News .
- ^ "Apple Says Three More Suppliers to Use Solely Renewable Power" . Bloomberg .
- ^ "Sunwoda Electronic Gets Regulatory Approval For Convertible Bond Issue". Reuters .
- ^ "China's EV Startups Defy Funding Slump With 6ドル Billion of Deals" . Bloomberg .
- ^ "2024 Fortune China 500". Fortune China .
- ^ "2023年《财富》中国500强排行榜 - 财富中文网". Fortune China .
- ^ "2022年《财富》中国500强排行榜 - 财富中文网". Fortune China .
- ^ "2021年《财富》中国500强排行榜 - 财富中文网". Fortune China .
- ^ "Hurun Report - Info - Hurun China 500 Most Valuable Private Companies 2020". Hurun Report .
- ^ "胡润百富 - 榜单". Hurun Report .
- Companies listed on the Shenzhen Stock Exchange
- Chinese companies established in 1997
- Manufacturing companies based in Shenzhen
- Electric vehicle battery manufacturers
- Auto parts suppliers of China
- Electronics companies of China
- Automotive companies established in 1997
- Electronics companies established in 1997